Submissions done to the Ministry of Finance, Reserve Bank of India, Insurance Regulatory Authority, GST Council and various bodies for addressing the issues faced by the real estate and infra sector in India

Regulatory amendment note: to permit FPIs to invest in debt securities (NCDs) issued by REITs and Bank Lending to REITs. Click Here To View
Tax amendment note: to apply 5% WHT for interest income on debt securities issued by companies or REITs to FPIs. Click Here To View
Restructuring of loans / advances for Corporate Real Estate. Click Here To View
GST Relief note. Click Here To View
Rated bonds by real estate companies should be treated at par with similar issuances by companies in other sectors. Click Here To View
Extension of protection under IBC to SEBI registered “investment vehicles”. Click Here To View
Impact on Circle Rate. Click Here To View
Request to Insurance Regulatory Development Authority to permit inclusion of COVID-19 Pandemic as a ground for invoking Business Interruption Cover in view of the lock-downs. Click Here To View
Request to Insurance Regulatory Development Authority for clemency in view of lockdown on Premium rates for Fire, Lightning, Explosion and Aircraft (“FLEXA”) Insurance. Click Here To View
Representation to the Inter-ministerial Steering Committee leading the National Infrastructure Pipeline on issues faced by infrastructure, InvITs and REITs. Last two attachments linked to this Click Here To View Click Here To View